With a net change of +0.72 yesterday's closing price was 19.81 and stock dividend yield for yesterday's closing price is 7.2%.
How to calculate the Dividend Yield?
To calculate dividend yield, all you have to do is divide the annual dividends paid per share by the price per share.
Dividend Yield = Annual Dividends Paid Per Share / Price Per Share
According to the given question:
Net change = today's price - yesterday's price
0.72 = 19.09 - yesterday's price
∴ Yesterday's price = 19.81
Stock dividend yield
= (1.43/19.81) x 100
= 7.2%
Therefore the stock yield of yesterday's closing price is 7.2%
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